622-624 Conti St New Orleans, LA 70130
This exceptional investment opportunity presents a stunning, four-story, 13,735-square-foot building located in the heart of New Orleans' French Quarter, at 622-624 Conti Street. Situated directly across from the Louisiana Supreme Court, between Royal and Chartres Streets, this property boasts an unparalleled location within the French Quarter's most desirable area. The building features a fully renovated, turnkey two-story restaurant complete with a high-end commercial kitchen and a second-floor balcony. A luxurious first-floor apartment with a private courtyard adds to the property's versatility. Atop the building, a fourth-floor penthouse offers a private rooftop deck, pool, and outdoor kitchen. The third floor presents a prime redevelopment opportunity, allowing for significant expansion or customization. The building is elevator-serviced and sits on a 4,931-square-foot lot. The asking price is $3,600,000, translating to $360.39 per square foot. The property is zoned VCC-2 and offers a unique blend of established income streams and significant upside potential. This is a rare chance to acquire a truly iconic New Orleans property with exceptional long-term value.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.